Budweiser Maker Teams Up With Tilray To Explore Pot Drinks

December 20, 2018 By

FILE – In this March 5, 2015, file photo, Budweiser beer cans are on ice at a concession stand at McKechnie Field in Bradenton, Fla. The maker of Budweiser is partnering with medical cannabis company Tilray in a $100 million deal to research cannabis-infused drinks for the Canadian market. The alliance announced Wednesday, Dec. 19, 2018, is the latest foray by a major beer company into the cannabis business in Canada, which legalized recreational marijuana in October. (AP Photo/Gene J. Puskar, File)

NEW YORK (AP) — The maker of Budweiser is partnering with medical cannabis company Tilray to research cannabis-infused drinks for the Canadian market.

Anheuser-Busch InBev and Tilray Inc. said each would invest $50 million in the project.

The project will study non-alcoholic drinks containing CBD, which some claim has calming and healing affects.

Additionally, it will also study THC, the cannabis compound known for its psychoactive effects.